US President Donald Trump is set to announce further tariffs on 2 April, targeting all countries, in an effort to boost US manufacturing and protect jobs, despite potential price increases for consumers. Trump’s use of tariffs is part of his economic strategy to reduce the trade deficit and increase tax revenue by encouraging consumers to buy American-made goods. The new tariffs, including those on cars and car parts, are expected to disrupt US car production, raise prices for consumers, and impact global trade relationships, with potential repercussions for the UK’s exports to the US.
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The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
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